XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Interim Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest income        
Loans, including fees $ 13,033 $ 13,554 $ 38,634 $ 40,105
AFS securities        
Taxable 1,224 1,071 3,529 3,912
Nontaxable 725 911 2,393 2,950
Federal funds sold and other 160 164 516 803
Total interest income 15,142 15,700 45,072 47,770
Interest expense        
Deposits 1,251 1,996 4,363 7,034
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase 13 7 40 22
Interest Expense Federal Home Loan Bank Advances 299 1,200 1,093 3,911
Interest Expense, Subordinated Notes and Debentures 266 0 349 0
Total interest expense 1,829 3,203 5,845 10,967
Net interest income 13,313 12,497 39,227 36,803
Provision for loan losses (107) 516 (599) 1,409
Net interest income after provision for loan losses 13,420 11,981 39,826 35,394
Noninterest income        
Noninterest Income, Service Charges and Fees 1,964 1,950 5,489 4,689
Noninterest Income Investment and Trust Advisory Fees 772 649 2,274 1,877
Bank Owned Life Insurance Income, From Policy Redemption 0 0 150 873
Earnings on corporate owned life insurance policies 201 187 577 558
Net gain on sale of mortgage loans 339 1,036 1,459 1,653
Other 91 238 265 654
Total noninterest income 3,367 4,060 10,214 10,304
Noninterest expenses        
Compensation and benefits 6,116 6,101 17,693 17,763
Furniture and equipment 1,349 1,426 4,049 4,318
Occupancy 866 889 2,726 2,668
Other 2,854 2,534 8,029 7,846
Total noninterest expenses 11,185 10,950 32,497 32,595
Income before federal income tax expense 5,602 5,091 17,543 13,103
Federal Income Tax Expense (Benefit), Continuing Operations 916 734 2,838 1,495
NET INCOME $ 4,686 $ 4,357 $ 14,705 $ 11,608
Earnings per share        
Basic (in dollars per share) $ 0.59 $ 0.55 $ 1.85 $ 1.46
Diluted (in dollars per share) 0.58 0.54 1.82 1.43
Cash dividends per basic share (in dollars per share) $ 0.27 $ 0.27 $ 0.81 $ 0.81